LimeFX also made a significant step forward since my last review by adding 150 CFDs on shares from 16 global stock exchanges. The AutoChartist plugin for MetaTrader is available to clients with $1,000 or more in their accounts. The Autochartist plugin for MetaTrader provides real-time trading signals to your terminal, shows chart patterns and trends online, and allows you to receive daily Market Reports via email. Daily and limefx weekly forecasts in the Market Insights section preview the key economic data ahead and highlight the major market movers. The reports cover significant support and resistance levels and technical signals from indicators such as MACD and Parabolic SAR.
How does LimeFX make money?
Content is updated frequently and is accessible to all levels of traders. A broad range of topics from technical analysis to trading strategies and platform tutorials are covered. With a perfect score in this category, LimeFX has gone above and beyond to educate its clients. One thing that stood out to me about this broker during my review was the ease of use. The LimeFXTrader platform is intuitive, well designed, and has popular features like alerts and 1-click trading.
LimeFX trading app
The research section also includes specific trading ideas, target prices, and key price levels to watch. Over a week-long testing period, I probed customer support with dozens of inquiries, ranging from available tools to fees and questions relating to the security of client accounts. I was surprised at how fast the responses were, and the agents went the extra mile to provide the information I sought. LimeFX offers the MetaTrader 5 mobile app for mobile trading, which is available for Android and iOS.
- Various drawing tools, from trend lines to Fibonacci retracements, are also available.
- Demo accounts are especially important for beginners as they allow them to practice their strategies and get comfortable with the trading platform without risking real money.
- For example, LimeFX clients in the European Union benefit from the oversight of the Cyprus Securities and Exchange Commission (CySEC).
- LimeFX has competitive spreads in some instruments such as EUR/USD and impressive research written by in-house analysts.
- The Web Platform allows users to trade directly from any browser and operating system.
These platforms provide robust charting and a wide range of order types and enable automated trading. The web-based LimeFXTrader platform is a beginner-friendly and convenient alternative. Dan Blystone began his career in the trading industry in 1998 on the floor of the Chicago Mercantile Exchange. Later Dan gained insight into the forex industry during his time as a Series 3 licenced futures and forex broker.
How do I withdraw money from LimeFX?
Material includes live trading sessions, workshops, and trading strategy-themed presentations. Demo accounts are especially important for beginners as they allow them to practice their strategies and get comfortable with the trading platform without risking real money. The MetaTrader 5 mobile app also provides many order types, including pending and stop orders.
The app offers popular features such as alerts, 1-click trading, and trading from the chart. Blain Reinkensmeyer has 20 years of trading experience scammed by limefx with over 2,500 trades placed during that time. He heads research for all U.S.-based brokerages on StockBrokers.com and is respected by executives as the leading expert covering the online broker industry. Blain’s insights have been featured in the New York Times, Wall Street Journal, Forbes, and the Chicago Tribune, among other media outlets.
With demo accounts, the ability to trade in micro-lots, copy trading, and strong educational resources, I rate LimeFX as a suitable broker for beginners. Experienced traders can take advantage of the advanced features in the MetaTrader platform, such as automated trading. There is also the possibility of earning extra money as a Master Trader within the copy trading platform. LimeFX provides a solid range of educational materials, including articles, videos, webinars, and a video course.